Royal Mail

postal service company in the United Kingdom of Great Britain and Northern Ireland

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Czech billionaire Kretinsky takes the reins of Royal Mail
business 2025-06-30 13:40
Czech billionaire Kretinsky takes the reins of Royal Mail
  • Daniel Kretinsky's EP Group completed a £3.6 billion acquisition of Royal Mail's owner, International Distribution Services.
  • Following the takeover, Kretinsky appointed himself as chairman of Royal Mail and established new governance structures.
  • This acquisition marks a significant transformation for Royal Mail, indicating a change in operational strategies and regulatory dynamics.
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Greg Hands joins EP Group as strategic adviser, focusing on UK and Germany
business 2025-06-02 21:00
Greg Hands joins EP Group as strategic adviser, focusing on UK and Germany
  • Greg Hands has been appointed as a strategic adviser for EP Group, focusing on the UK and Germany.
  • This decision follows EP Group's acquisition of Royal Mail's parent firm, resulting in a £3.6 billion takeover.
  • The appointment of Hands reflects a prominent shift in Royal Mail's ownership and strategy.
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Royal Mail faces investigation over missed delivery targets
business 2025-05-24 08:39
Royal Mail faces investigation over missed delivery targets
  • Ofcom has launched an investigation into Royal Mail for failing to meet delivery targets.
  • Royal Mail recently reported a slight improvement in on-time deliveries but still missed key targets.
  • Regulatory scrutiny and criticism from consumers highlight the need for substantial improvements in service quality.
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Czech billionaire Daniel Kretinsky takes control of Royal Mail amid challenges
business 2025-04-13 23:27
Czech billionaire Daniel Kretinsky takes control of Royal Mail amid challenges
  • Daniel Kretinsky, a Czech billionaire, initiated a takeover bid for Royal Mail's parent company in April 2022.
  • Royal Mail has seen a decline in its market share due to increased competition from e-commerce companies and is bound by universal service obligations.
  • There is optimism that Kretinsky's investment and expertise can help Royal Mail compete more effectively and potentially create new jobs.
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Royal Mail introduces advanced solar-powered postboxes for parcel convenience
technology 2025-04-10 10:22
Royal Mail introduces advanced solar-powered postboxes for parcel convenience
  • Royal Mail has introduced a new postbox designed to handle larger parcels and is solar-powered.
  • The pilot program includes five new postboxes located in Hertfordshire and Cambridgeshire.
  • This development aims to better serve customers amid the ongoing surge in parcel deliveries while letter volumes decline.
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Cybercriminals claim to have stolen Royal Mail and Samsung customer data
technology 2025-04-03 00:00
Cybercriminals claim to have stolen Royal Mail and Samsung customer data
  • GHNA claimed to have stolen a significant amount of data from both Royal Mail and Samsung Germany, potentially compromising customer information.
  • Experts believe the breaches were facilitated by compromised credentials linked to a previous malware infection at Royal Mail's supplier, Spectos.
  • Such data leaks pose a serious risk of identity theft and fraud for affected customers, underlining vulnerabilities in digital security measures.
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PostNL faces crisis as Dutch government denies financial aid
business 2025-02-24 15:15
PostNL faces crisis as Dutch government denies financial aid
  • PostNL is experiencing a significant crisis due to decreased mail volumes and increased competition.
  • The Dutch government rejected a request for €68 million in financial support, worsening the company's situation.
  • PostNL's business model is now considered unsustainable, raising concerns about its future viability.
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Royal Mail's longest serving postman retires after 60 years
society 2024-12-30 11:28
Royal Mail's longest serving postman retires after 60 years
  • After starting his career as a motorcycle messenger in December 1964, Robert Hudson dedicated himself to various roles within the Royal Mail.
  • For the last 40 years, he worked night shifts to care for his three children following the death of his wife at a young age.
  • His retirement after 60 years marks not just an end to his service but a celebration of a significant contribution to his community.
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Daniel Kretinsky claims he can revive Royal Mail's fortunes
business 2024-12-20 14:11
Daniel Kretinsky claims he can revive Royal Mail's fortunes
  • The Czech billionaire Daniel Kretinsky has received government approval for a £3.6 billion acquisition of Royal Mail.
  • This approval followed assessments under the National Security and Investment Act, ensuring no national security concerns.
  • Kretinsky aims to rejuvenate Royal Mail, counteracting skepticism about his intentions as a corporate raider.
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Czech billionaire Daniel Kretinsky strikes controversial deal for Royal Mail takeover
politics 2024-12-17 08:21
Czech billionaire Daniel Kretinsky strikes controversial deal for Royal Mail takeover
  • The British government approved a 3.6 billion-pound takeover of Royal Mail by Czech billionaire Daniel Kretinsky.
  • Daniel Kretinsky's firm, EP Group, has committed to keep the Royal Mail brand and headquarters in the UK for at least five years.
  • This deal represents the first foreign ownership of Royal Mail in its 500-year history, reflecting the evolving nature of the postal service.
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British government sells Royal Mail to foreign billionaire for £3.6 billion
politics 2024-12-16 12:55
British government sells Royal Mail to foreign billionaire for £3.6 billion
  • Britain's government granted approval for a £3.6 billion takeover by Czech billionaire Daniel Kretinsky.
  • This acquisition leads to Royal Mail entering foreign ownership for the first time in its 500-year history.
  • The deal is expected to finalize by early 2025, with the UK government maintaining a decisive role in ownership changes.
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business 2024-12-16 09:15
Billionaire dodges scrutiny as Labour approves takeover of Royal Mail
  • The British government has approved the purchase of the International Distribution Services by Daniel Kretinsky.
  • The acquisition comes with conditions to protect the postal service and workers' rights.
  • This deal represents a significant change in the operational management of Royal Mail, aiming for modernization and worker engagement.
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Royal Mail hit with £10.5 million fine for missing delivery targets
politics 2024-12-16 09:00
Royal Mail hit with £10.5 million fine for missing delivery targets
  • Royal Mail has been fined £10.5 million by Ofcom for failing to meet delivery targets.
  • The postal company has struggled with service performance, delivering only 74.7% of first-class mail on time.
  • The ongoing challenges and recent fine highlight the urgency for Royal Mail to improve services, especially with a potential foreign takeover.
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Daniel Kretinsky's bid threatens the future of Royal Mail
society 2024-12-09 21:33
Daniel Kretinsky's bid threatens the future of Royal Mail
  • Kretinsky's £3.6 billion bid raises national security concerns in the UK.
  • Royal Mail is vital for government communications and service obligations.
  • Previous foreign acquisitions have led to struggles, prompting questions about financial stability.
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Czech billionaire Daniel Křetínský prepares to take control of Royal Mail
business 2024-12-07 00:00
Czech billionaire Daniel Křetínský prepares to take control of Royal Mail
  • Daniel Křetínský, a Czech billionaire, is poised to acquire Royal Mail for £3.6 billion, pending UK government review for national security risks.
  • Concerns stem from Křetínský's past dealings in Russia, including discussions with Gazprom officials and his stake in the Eustream pipeline amid geopolitical tensions.
  • As the UK government has not yet intervened, signs point to potential approval for the Royal Mail takeover, despite lingering scrutiny of Křetínský's business practices.
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Can you hold Royal Mail accountable for lost packages?
society 2024-12-03 22:00
Can you hold Royal Mail accountable for lost packages?
  • A sender's gift to Scotland went missing, leading to inquiries about compensation.
  • Under UK law, consumers can claim refunds for lost items sent via postal services.
  • Consumers should submit claims within 14 days and may escalate unsatisfactory outcomes.
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Concerns rise as Royal Mail faces possible sale to billionaire with Russian ties
politics 2024-12-02 22:00
Concerns rise as Royal Mail faces possible sale to billionaire with Russian ties
  • Minority investors are concerned about a potential sale of Royal Mail to Daniel Kretinsky.
  • Kretinsky's business dealings have come under scrutiny due to unresolved connections to Russia.
  • The political climate surrounding the sale raises alarms about government oversight and decision-making.
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Business Secretary backs Kretinsky’s Royal Mail bid amid concerns
business 2024-11-28 12:58
Business Secretary backs Kretinsky’s Royal Mail bid amid concerns
  • Business Secretary Jonathan Reynolds addressed MPs about billionaire Daniel Kretinsky's £3.6 billion takeover bid for Royal Mail.
  • The bid is under government scrutiny due to national security concerns and Kretinsky's existing stake in Royal Mail's parent company.
  • Reynolds acknowledged Kretinsky's legitimacy while highlighting the need for reforming the financially burdensome universal service obligation.
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Royal Mail postmen defy winter by wearing shorts all year round
society 2024-11-27 08:00
Royal Mail postmen defy winter by wearing shorts all year round
  • Despite cold November weather, postal workers in the UK continue to wear shorts year-round.
  • The main reason for this choice is practical, as extensive walking generates significant body heat.
  • The practice reflects a unique aspect of the postmen's identity and camaraderie within their community.
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Royal Mail warns Labour on postal reforms and service obligations
politics, business 2024-09-06 18:15
Royal Mail warns Labour on postal reforms and service obligations
  • Martin Seidenberg warns that failure to support changes to the universal service obligation will lead to government accountability.
  • Royal Mail is lobbying for adjustments to the USO due to declining letter volumes and financial struggles.
  • Ofcom plans to consult on potential changes to the USO, including the possibility of scrapping second-class deliveries.
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Ofcom"s Decision on Royal Mail: Impact on Czech Sphinx
politics, business, society 2024-09-05 21:30
Ofcom"s Decision on Royal Mail: Impact on Czech Sphinx
  • Ofcom is reviewing the Royal Mail's universal service obligation, specifically the proposal to end Saturday deliveries of second-class letters.
  • The public has expressed concern over the potential loss of Saturday mail, which many consider a comforting weekend routine.
  • The outcome of this proposal could significantly impact the future of postal services and how consumers interact with mail.
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Postman attacked in road rage incident on city street
category, subcategories 2024-09-04 10:31
Postman attacked in road rage incident on city street
  • A postman was attacked by a motorist on Leytonstone High Street, east London, after a verbal altercation.
  • Footage of the incident shows the postman being shoved into his van, prompting public outrage and condemnation from the Royal Mail.
  • The Royal Mail has reported the incident to the police and emphasized the need for safety and protection for their workers.
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Royal Mail Misses Spring Delivery Goals
society, business 2024-08-23 16:06
Royal Mail Misses Spring Delivery Goals
  • Royal Mail delivered less than 80% of first class post on time between April and June.
  • Company's poor performance is under investigation by Ofcom.
  • Managers are facing increased pressure due to the missed delivery goals.
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Delivery drivers ‘more popular than posties’
business, society 2024-08-18 23:01
Delivery drivers ‘more popular than posties’
  • Online shopping boom leads to increased popularity of courier services over Royal Mail.
  • Couriers more likely to receive tips and access to facilities compared to Royal Mail workers.
  • Consumer preference shifting towards courier services for delivery needs.
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Royal Mail chairman attacks UK’s watchdogs
business, politics 2024-08-13 08:00
Royal Mail chairman attacks UK’s watchdogs
  • Keith Williams, the Royal Mail chairman, urges regulatory reform for growth.
  • He conveys the message to Sir Keir Starmer, Leader of the Opposition in the UK.
  • The call for change in regulations aims to support future development of Royal Mail.
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Czech Billionaire's Russian Links Raise Concerns Over Royal Mail Purchase
business, politics 2024-08-03 05:30
Czech Billionaire's Russian Links Raise Concerns Over Royal Mail Purchase
  • Czech billionaire Daniel Kretinsky, with significant ties to Russia, is under scrutiny due to his interest in purchasing Royal Mail.
  • His involvement raises concerns about potential influences from the Czech Republic and Russia on British postal services.
  • This situation highlights the broader implications of foreign investments in key sectors of the UK economy.
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Czech Tycoon Daniel Kretinsky Engages with Labour's Jonathan Reynolds Post-Election
politics, business 2024-07-29 08:05
Czech Tycoon Daniel Kretinsky Engages with Labour's Jonathan Reynolds Post-Election
  • Czech businessman Daniel Kretinsky has met with UK Business Secretary Jonathan Reynolds to discuss a potential £3.6 billion bid for Royal Mail.
  • This meeting marks the first discussions following Labour's recent electoral victory in the UK.
  • The outcome of these talks could significantly impact the future direction of Royal Mail and its operations.
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Royal Mail shifts from railway to road deliveries and slashes airmail operations
business 2024-07-09 23:00
Royal Mail shifts from railway to road deliveries and slashes airmail operations
  • Royal Mail is planning to sell off its freight trains and switch to road deliveries.
  • The postal service is also cutting airmail operations to address late letter deliveries.
  • These cost-cutting measures are part of a transformation pursued by the parent company's CEO.
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Czech bidder's takeover of Royal Mail raises concerns
business 2024-06-04 19:33
Czech bidder's takeover of Royal Mail raises concerns
  • Communication Workers Union expresses opposition to a foreign equity company taking over Royal Mail.
  • Czech bidder's approach threatens to increase debt and risks for Royal Mail.
  • Parent company acknowledges potential risks of nearly £2.4bn of loans being called in due to the deal.
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Royal Mail provides guidance on identifying counterfeit stamps
business 2024-04-30 10:58
Royal Mail provides guidance on identifying counterfeit stamps
  • Royal Mail explains how to spot fake stamps and waives £5 penalty charge for fake stamps
  • Royal Mail is developing a smartphone app to help customers identify counterfeit stamps
  • Royal Mail suspends fines for 'fake' stamps while investigating potential flaws in fraud detection technology
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